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the next Disallowed, page-26

  1. oaftar
    6,108 Posts.
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    28/11/11
    21:59
    Post #: 9355966
    I'm not expecting this to be another EXT, but the mkt cap is ridiculous for what they have vended in. some companies with no assets and $3M in cash trade at $7M valuations...

    By this time next year they are suggesting that they will have a JORC resource and will be at the stage of making a decision to mine. They will only have issued 5M shares to the vendors... crazy.... if Peter Mac continues to buy there will be no free float on issue...

    Btw, I hold a few shares and a truck-load of options mainly from 4c....
    ACZ Price at posting: 23.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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